guess none of those suckholes bought a gallon of gas let alone milk or a pound of burger in the last four years
Posted on 11/19/2014 4:15:29 PM PST by John W
Federal Reserve officials are worried that inflation may stay low "for quite some time" despite the central bank's multi-trillion dollar efforts to jump start the economy, according to minutes from the October meeting released Wednesday.
Open Market Committee members also discussed just how they should go about raising interest rates as monetary policy normalizes, and expressed some worry over market volatility during the process.
(Excerpt) Read more at cnbc.com ...
My guess is about 26 months for sure.
guess none of those suckholes bought a gallon of gas let alone milk or a pound of burger in the last four years
Incredible. One of the 3 key objectives Congress established for the Fed is price stability - known to you and me as low inflation. But I guess that objective has gone out the window..
Oh yeah because just what we need in a horrible economy are raising prices on staple goods in food, transportation, housing and energy..
Federal Reserve officials are worried that inflation may stay low “for quite some time”
Just start calculating inflation the way we did in 1978, problem solved
But if we do that, bigger COLAs will kick in for the retiring baby boomers. That breaks the bank even more.
Inflation is low but why do I need to take out a loan to buy 1” thick t-bones at the food dog?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.